K2F 2.78% 18.5¢ k2fly limited

Yep, agree with your summary of high cash outflows but you need...

  1. 40 Posts.
    lightbulb Created with Sketch. 4
    Yep, agree with your summary of high cash outflows but you need to spend/invest to develop a good/reliable software platform and those damn software engineers aren't cheap

    From their latest announcement they are definitely concentrating on improving/expanding their product line:
    'Our investments are working towards creating both new products and capability to meet our rapidly growing pipeline. The new offerings form part of our well-advertised “land & expand” strategy. We are confident that these investments will add immediate and long-term value to K2F.'

    Overall I think they are doing a great job and are executing exactly as they have previously indicated.

    Cheers & DYOR
 
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